According to calculatedriskblog, about 4 million loans are seriously delinquent : about 75% are Prime or Subprime loans, but FHA delinquencies more than doubled in 4 years. Even though the number of Prime and Subprime loan delinquencies have fallen, the number of serious delinquencies of Prime and Subprime loans are huge!
Thanks to calculatedriskblog for disclosing and analyzing this...
Source: http://www.calculatedriskblog.com/2011/05/mortgage-delinquencies-by-loan-type.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CalculatedRisk+%28Calculated+Risk%29
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